Wall Street is flying blind..time to avoid getting bumped off
At a time when the government shutdown is expected to a have much greater impact than previously projected, coupled with earnings season from major companies disappointing, it is hard to understand why we have a rally in the stock market. Here is what we know - The...
Latest addition to your monthly payments – pharma companies
Earlier this week, Bluebird Bio announced it may have a found a way to handle the expected seven-figure cost of its experimental gene therapy: getting customers to pay on installment. The price of its therapy to rare inherited blood disease is expected to be ~$2...
Forget the predictions, things are going to get worse
All the major indices finished 2018 down for the year, with the steepest declines recorded in the fourth quarter. And, just when investors were coming out of their New Year celebrations, Apple’s announcement of disappointing sales in China on Wednesday, gave the...
Invest In Your Financial Portfolio Today
At Future Wealth, our philosophy is simple: We believe most investors stay away from investing in Wall Street for two reasons – First, they don’t have enough money and second, they don’t want to lose money. While we at Future Wealth can’t help with the first, our...
And its – Lights out?
Stocks ended sharply lower Friday after weaker than expected data in China and Europe exacerbated concerns of a global economic slowdown. The Dow lost 496 points, falling to its lowest level since early May. For the year, the Dow is now down 2.5 percent. The S&P...
Time to yield?
Time to yield? If there is one thing the last few months in the stock market has taught us - it is time to look ahead to what else could be coming to derail the market even further. Here is what we know - juiced by President Donald Trump’s tax cuts, business...
Here is a lesson for all of us
Earlier this week, Payless Shoesource, a company that is just emerging from bankruptcy, with nothing to lose, pulled off a reverse of a bait-and-switch operation in an event held in Santa Monica, California. Payless took over a former Armani store, renamed the retail...
When will the music stop? Answer – It may have already
Over the past month and a half, a slew of indicators - from Apple to Netflix and raw material manufacturers to chip makers, have signaled that expansion in major economies maybe decelerating. The concern is that equities and credit, already battered by trade wars,...
Auto Market is Struggling and California ain’t helping
Even as auto sales are clearly showing signs of a slowdown for the first time since the global financial crisis, California State Legislature passed a measure that will further dent the auto business come Jan 1, 2019. This is despite the fact that, on Tuesday...